I now see contract approvals the same way I look at miner revenue curves—calm through the rising and falling tides, but there's one thing I really don't dare to be complacent about: unlimited approvals. Basically, when you hand over the keys and casually say "feel free to come in anytime," no matter how much you monitor fee structures or inflation narratives, it’s useless. You might wake up one day and find something missing.



So my habit is: revoke after use, just like turning off the stove and locking the door before bed. Don’t think it’s a hassle; I often click revoke, then hit “refresh/retry” and wait in line. It can be frustrating, but once revoked, I feel at ease.

Recently, on-chain large transfers and exchanges’ hot and cold wallets being interpreted as “smart money” makes things quite lively. But I care more about which approvals are still hanging around in my wallet. The excitement belongs to others, but the permissions are mine. Anyway, if I can revoke, I do—sleep a little better.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin